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Jan 19, 2013
01/13
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economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right direction. for the republican party to fix itself will require a painful process, in which insane voices stare up and stare d
economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying...
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Jan 18, 2013
01/13
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i wouldn't put any jeopardizing, any of the economy there. it shows it is a very rational, put us on a better pathism would think all the american public could support it and the senate as well. >> a long tradition here of congress acting to raise the debt ceiling. the power they brought, they have given themselves to do. the point is without drama and delay. monthly extension is drama. so what, you know, congress should simply do its job. not going to negotiate over extenting the debt ceiling. >> bret: well, this is what republicans have come up with. out of the meeting in williamsburg, virginia, they have come up with this on their plan. a three-month debt ceiling increase. debt limit increase contingent on the senate passing a budget. which they haven't done in quite some time. and no spending cuts except congressional members pay without budget. basically, congressional members can't get paid without spending cuts. let's bring in the panel. we talk about all of this. steve hayes for "weekly standard." charles lane, opinion writer for "was
i wouldn't put any jeopardizing, any of the economy there. it shows it is a very rational, put us on a better pathism would think all the american public could support it and the senate as well. >> a long tradition here of congress acting to raise the debt ceiling. the power they brought, they have given themselves to do. the point is without drama and delay. monthly extension is drama. so what, you know, congress should simply do its job. not going to negotiate over extenting the debt...
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Jan 19, 2013
01/13
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it's a better economy. how do you have a president, as you talked about, that has a jobs council that only meets once? >> i know. it's xwroerd. >> come on. >> many thanks. congressman greg walden. mr. walden, you get tonight's nobel prize for limited government, spending cuts and economic growth. you get the prize. it's a great pleasure to have you back. >> thank you very much. >> we're going to ask this question. will the gop be able to effectively rebrand itself? back with us is keith boykin, former clinton white house aide, mark simone, w.o.r. radio talk show host, and matt welch, "reason" magazine editor in chief. what do you think, mark simone? first of all, is the republican brand really in bad shape? >> yeah, it's in bad shape. the democrats are in bad shape, though, because they are flying so high right now. they are apple at 700. they'd better worry. these things go in cycles. it always goes in cycles. i'll tell you the first thing the republicans should do, get out of the abortion business. just t
it's a better economy. how do you have a president, as you talked about, that has a jobs council that only meets once? >> i know. it's xwroerd. >> come on. >> many thanks. congressman greg walden. mr. walden, you get tonight's nobel prize for limited government, spending cuts and economic growth. you get the prize. it's a great pleasure to have you back. >> thank you very much. >> we're going to ask this question. will the gop be able to effectively rebrand itself?...
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Jan 18, 2013
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>> well, those are going to be on the agenda, but the economy and getting a growth agenda going is clearly what's going to be most important across the board for americans. but he's got some wind at his back. because the republicans know that number one, immigration is an issue they can't ignore and vilify anymore, they've got to deal with it, guns is another one. they're mired in a tactic on plunging this country into default and starting to come to their senses and realize this debt ceiling is a tactic that is really turning its head against them not against the president. so i think that you're always going to see the president making the effort to reach out. and spending, he's actually done that already. and that's where he's going to have to work with democrats as well as republicans. >> well, you supported both abolishing the debt limit and having the president use the 14th amendment. i'm wondering how you see the debt ceiling play out. >> well, i'm seeing the republicans starting to cave on that. they're hearing from the -- the president has made it clear he's not going to play that
>> well, those are going to be on the agenda, but the economy and getting a growth agenda going is clearly what's going to be most important across the board for americans. but he's got some wind at his back. because the republicans know that number one, immigration is an issue they can't ignore and vilify anymore, they've got to deal with it, guns is another one. they're mired in a tactic on plunging this country into default and starting to come to their senses and realize this debt...
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Jan 21, 2013
01/13
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none of this happens in the way we wanted until we grow this economy more. and i think the public gets that. i think the deal at the end of the year, the budget deal, was, in many ways, the agreement was an acknowledgment affirmation by both parties. the trickle down economics doesn't work. it doesn't trickle down and help the middle class. and those who aspire and focus on the middle sclaclass and wor families. that's what that agreement was about three weeks ago. that's where the president focuses. he focuses on immigration. i think all of this is climate change is very possible. because the public ratified that, affirmed that in the election. and i think the public wants him to move forward. >> harnessing the power of his reelection campaign, how important will it be for the people's support to be rallied to achieve? >> i think ten years ago, even in the beginning of the obama administration, i think once he was elected, we all thought progressive president, good things are going to happen. then, mitch mcconnell and john boehner came and said stop. i thin
none of this happens in the way we wanted until we grow this economy more. and i think the public gets that. i think the deal at the end of the year, the budget deal, was, in many ways, the agreement was an acknowledgment affirmation by both parties. the trickle down economics doesn't work. it doesn't trickle down and help the middle class. and those who aspire and focus on the middle sclaclass and wor families. that's what that agreement was about three weeks ago. that's where the president...
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Jan 19, 2013
01/13
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>> well, i think the question is what's going to happen to the california economy? because with proposition 30's passage, he now has a tax revenue he wanted. of course, the economy has to pick up for that to really take off and give him what he needs. we have the third highest unemployment rate in the country. that's going to be, i think, the key thing to what's happening. you know, california has been through, like, this great downsizing. everything has. and i think this puts brown in a great position right now. he goes to the -- this is what jerry brown's great at. i'm going to get rid of the cell phones for a lot of the state employees. i mean, he understands what people are looking for the government to do. the sort of symbolic gestures. he spends 6 1/2 hours just one day with the regents and he talks about how bloated the university of california administration is. >> this just show, i mean, what a unique political figure jerry brown is. this interview shows it. this guy, he came back after 30 years in office and he is knocking it out of the park right now. >>
>> well, i think the question is what's going to happen to the california economy? because with proposition 30's passage, he now has a tax revenue he wanted. of course, the economy has to pick up for that to really take off and give him what he needs. we have the third highest unemployment rate in the country. that's going to be, i think, the key thing to what's happening. you know, california has been through, like, this great downsizing. everything has. and i think this puts brown in a...
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Jan 14, 2013
01/13
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COM
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the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting $930 billion in spending >> jon: an opening bid and only 13 days until the train run over that woman >> boehner argues taxes and cuts need to be equal. he is moving ahead with a tomorrow on what he calls plan-b. >> jon: plan-b? the morning after bill? ( cheers and applause ) plan-b is the bill you introduce to mitigate your previous session's irresponsible behavior. let's hear it >> republican bill that would prevent income taxes from going up on january 1 for anyone making less than $1 million a year. >> jon: you mean everybody? all right. it's a starting point. as we discussed earlier someone ha
the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting...
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Jan 19, 2013
01/13
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is the world's largest economy, the u.s. dollar is a global reserve currency. housing continues to pick up, unemployment is going down, american corporations are the world's largest and they're sitting on lots of cash, which, you know, sort of quixotically it's precisely that strength that allows washington to continue to be so incredibly dysfunctional. yeah, i'm feeling pretty bad over whae's coming out of capitol hill in the next few months but it's not medication that leads me to believe america is stable. >> even washington may not be able to mess up what's going on. christine romans, we've been talking about the consequences of not having a budget, a serious plan to deal with debt and deficits. but a number of prominent democrats point out the debt problem isn't that much of a problem. money is basically free many america and republicans should stop obsessing about it. >> a new narrative and they're getting bolder with it. the debate is the way liberals and conservatives see the world. those on the left have no problem with the government taking a larger r
is the world's largest economy, the u.s. dollar is a global reserve currency. housing continues to pick up, unemployment is going down, american corporations are the world's largest and they're sitting on lots of cash, which, you know, sort of quixotically it's precisely that strength that allows washington to continue to be so incredibly dysfunctional. yeah, i'm feeling pretty bad over whae's coming out of capitol hill in the next few months but it's not medication that leads me to believe...
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Jan 14, 2013
01/13
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how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the interest on its bonds, but you could then cut everything else, social security, medicare, education. what they're ignoring is the fact that you would shake the confidence of markets all over the world with unpredictable consequences. this could be of the order of lehman brothers in 2008. john boehner actually knows this. he said the other day that a default would be a financial disaster, and he's taking his folks to their retreat, their weekend retreat somewhere in right wing fantasy land and he has a power point -- >> i believe it's in virginia so please be respectful of that state. >> i love that state. i think there's going to be
how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the...
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Jan 18, 2013
01/13
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it will kill the economy. we already have about the highest combined corporate tax rate investments on the planet. we need to lower that. we need to lower the taxes on capital. we need to bring in more high-skill immigrants. we're talking about raising taxes. it is a policy indulgence on your behalf to raise by 60% investment taxes in an economy that's bei that's barely growing. >> well, i'm all for high-skilled immigrants. let's get the doctors down to the european levels. we'd save $80 billion a year there. >> i want it there for the entrepreneurs, innovation. >> you're there. we're not helping entrepreneurs. but hurting. how about not drilling oil and gas shale in federal lands? there's a whole litany of this stuff. >> wall street crisis, that's why you have dodd-frank. >> this crisis, i don't have time to go through what we have done on dodd-frank is doing more harm than good. we'll leave it there. me, i want 4% to 5% growth. smaller government, fewer regulations and stop paying people not to work! those a
it will kill the economy. we already have about the highest combined corporate tax rate investments on the planet. we need to lower that. we need to lower the taxes on capital. we need to bring in more high-skill immigrants. we're talking about raising taxes. it is a policy indulgence on your behalf to raise by 60% investment taxes in an economy that's bei that's barely growing. >> well, i'm all for high-skilled immigrants. let's get the doctors down to the european levels. we'd save $80...
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Jan 15, 2013
01/13
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economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may start coming home this spring. then will's health care. promise then senator obama made when he first announced his candidacy nearly six years ago. >> let's be the generation that says right here, right now, we will have universal health care in by the end of the next president's first term. we can do that. >> well, it took more than a year and arguably more political capital than any other issue but the president got health care reform through congress and he signed it into law in march of 2010. law's implementation is still a question mark and more legal c
economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may...
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Jan 15, 2013
01/13
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 18, 2013
01/13
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so our economy is robust. the oil and gas sector has been doing great. car sales have been doing great. we never had a sub prime problem. so housing starts are back up again to about 75,000 single family permits issued. the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california. we'll show a table and what this table says is texas 2011 exports, $251 billion in second place california at $159 billion. that is very impressive. hears what i like the most. go to the next table. it is easy. when i first heard it i said it's obvious because california doesn't maximize natural resources because of the green component. has such a large lobby and presence in california. even if you extract all the exports petroleum and coal products that still leaves you around 200 billion. you're still blowing the competition away. >> yep. isn't that nice? we also have
so our economy is robust. the oil and gas sector has been doing great. car sales have been doing great. we never had a sub prime problem. so housing starts are back up again to about 75,000 single family permits issued. the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california....
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Jan 16, 2013
01/13
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the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth. >>> japan's two major oil firms together with a state-backed bank, will set up a joint company to run large scale power generation or mega solar facilities. executives of cosmo oil, showa shell sekiyu and development bank of japan group will create the new company at the end of the month. each of the three entities will invest in the eight mega facilities nationwide. they hope to begin solar-powered generation by the end of the year. the new facilities will have a capacity of generating a total of 26 mega watts, enough to supply 7,000 households.watts, supply 7,000 households. the generator power will
the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth....
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Jan 13, 2013
01/13
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CNNW
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in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when you're talking about investing, you're talking about it in a fairly sophisticated manner. some in the government. some the private sector, each on their own and some jointly. that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will ev
in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when...
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Jan 17, 2013
01/13
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the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth in jobs and income. on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by fiscal 2015. but the draft fell short of setting a specific limit on the issuance of japanese government bonds to finance the budget, as the previous administration of the democratic party did. it only urges the government to keep bond issues to a minimum. >>> executives at struggling chipmaker renesas electronics say they need to slash their workforce even further. they're planning a 10% staff cut through a voluntary retirement program. renesas is one of the world's largest suppliers of microcontroller chips. managers told the company's labor union that they'll offer early retirement to about 3,000 employees aged 40 and older. the plan is part of restructuring efforts put in place after the company reached a deal on a rescue package with investors. the deal will allow renesas to receive about $2.3 billion from a state-backed fund
the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth in jobs and income. on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by fiscal 2015. but the draft fell short of setting a specific limit on the issuance of japanese government bonds to finance the budget, as the previous administration of the democratic party did. it only urges the government to keep bond...
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Jan 14, 2013
01/13
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 17, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we have fought our way back. and we know in our hearts, for the united states of america, the best is yet to come. >> the president told america the best is yet to come. and judging by his second-term agenda, his se's setting his si high. sweeping change to gun control. immigration reform. taking on climate change. cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to...
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Jan 18, 2013
01/13
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> m: that anmore tonight on n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generators on
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> m: that anmore tonight on n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane...
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Jan 18, 2013
01/13
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economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> we've been looking for moderate g
economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond...
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Jan 15, 2013
01/13
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economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's obligations and make sure the government does not shut down. he tried to take that specter off the table. but this is a very tough fight that's getting more and more problematic, larry, because the president said he's going to break the habit of crisis-driven fiscal negotiations. if he's going to succeed in that, somebody is going to have to break and it may have to be soon because treasury secretary geithner said this afternoon we could hit the debt ceiling and exhaust all the extraordinary measures he's been taking as soon as one month from now. >> you know, john, 2010, 2011, the 2012 he negotiated. he voted aga
economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's...
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Jan 15, 2013
01/13
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if the united states does that, it will tank our credit rating and economy and make any discussion of what would happen going over the fiscal cliff look like child's play. that's why the president said, look, he is not going to allow the american economy to be held hostage in that way. he is absolutely prepared to continue to negotiate ways to reduce our budget deficit and that's exactly what we should be doing but we shouldn't be doing it under the threat, the republican threat, of tanking the economy by undermining the full faith and credit of the united states government. we have never done that in the history of this republic and we shouldn't start doing it now. >> all right. congressman van hollen, always a pleasure to speak with you. thank you, sir. >> likewise. >>> the house will vote on the massive hurricane sandy bill and things are heated on the house floor today. >> we are asking, we are pleading and we shouldn't have to beg for money for the northeast to be able to survive. >> but some republicans say they will vote against the bill despite calls from members in their own
if the united states does that, it will tank our credit rating and economy and make any discussion of what would happen going over the fiscal cliff look like child's play. that's why the president said, look, he is not going to allow the american economy to be held hostage in that way. he is absolutely prepared to continue to negotiate ways to reduce our budget deficit and that's exactly what we should be doing but we shouldn't be doing it under the threat, the republican threat, of tanking the...
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Jan 21, 2013
01/13
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he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was because i think it made a lot of people feel that, first of all, americans got it, they understood what he had gone through, they wanted to reward him for his effort, but more important than that, martin, they saw where he was going, and it wasn't where they were, where they are. they saw where they were going and that's very significant. >> and so you think it was about the sense of his determination and aspiration in a particular direction that drove this campaign. >> no doubt about it. they were inspired by his aspirations. it's not always you ge
he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was...
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Jan 13, 2013
01/13
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yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really like to understand a little bit better about the indian part of this triangle. we care more about pakistan, what is going on in the arm. my understanding is that the indians are very active, and it is a triangular relationship between pakistan, india, and afghanistan. >> if you would like, ambassador? >> india has been an important friend of afghanistan, a historic friend and ally. they are not only involved in enhancing the reconstruction in afghanistan -- they are providing scholarships for more than 1000 afghans every year into different indian universities, which is k
yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really...
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Jan 18, 2013
01/13
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 20, 2013
01/13
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economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. ♪ ♪ [ male announcer ] from our nation's networks... ♪ ♪ ...to our city streets... ♪ ♪ ...to skies around the world... ♪ ♪ ...northrop grumman's security solutions are invisibly at work, protecting people's lives... [ soldier ] move out! [ male announcer ] ...without their even knowing it. that's the value of performance. northr grumman. >> welcome back. if he would like to move up in your employme
economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters....
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Jan 21, 2013
01/13
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KQED
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. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congress. and this is not something that the president can do alone. it is the congress dec
. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate...
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Jan 16, 2013
01/13
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the economy is bad enough now. we'll see how to does after the mind set takes over. >> thank you, david. thank you for coming today. thanks for your remarks. obviously, this is a global economy and financial services, especially it's important to look at it from a global perspective, and it was very useful i think for you to remind us of the comment about europeans especially lit japanese had on the folker rule. with respect to the money market and mutual funds. there's talk of european action here in the near future. i was wondering for you have any advice to our friends across the ocean as far as action or whatnot with respect to the fc correcting might be thinking in doing? >> thank you, mr. commissioner, for your question. i was in london and dublin. i don't know which jurisdiction was interested in the money market fund debate. it's a big industry in both of the locals. and, you know, in both places i was told by industry as well as high level government officials at the ec on the cusp of releasing consultatio
the economy is bad enough now. we'll see how to does after the mind set takes over. >> thank you, david. thank you for coming today. thanks for your remarks. obviously, this is a global economy and financial services, especially it's important to look at it from a global perspective, and it was very useful i think for you to remind us of the comment about europeans especially lit japanese had on the folker rule. with respect to the money market and mutual funds. there's talk of european...
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Jan 13, 2013
01/13
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and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan over taking the united states. in the 1990's, it was all about the technical -- tech buble. i think the last decade will be remembered for the rise of the bric countries. never before did we see so many countries boom simultaneously. that boom is coming to an end. the rising tide of global liquidity that lifted countries is ebbing. we have to figure out which ones will truly rise and which ones will fail. we need to do it over a reasonable time frame. the timeframe they used to analyze this is 50 or 100 years. my p
and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan...
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Jan 15, 2013
01/13
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CNBC
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economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is de
economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that...
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Jan 14, 2013
01/13
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CNBC
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economy. his comments will set the tone for a fed meeting scheduled for later in the month. >> it will be interesting to see how that jives with what we heard over the weekend, as well. . >>> also, following, apple's report is slashing orders for iphone 5 components because of weak demand. reports suggested the tech giant discussed cutting orders for its iphone. >>> president joe biden is delivering a recommendation on reducing gun voice to the president tomorrow. he said several proposals have broad support, including enforcing background checks and banning high capacity ammunition magazines. biden was asked to come up with the recommendations following the sandy hook shootings last month. >>> the debt ceiling dispute is heating up. the white house says congress can pay its bills or it can fail to act and put the nation into default. some reports suggest the government could run out of cash to pay all its bills as early as mid february. >> thanks for that. there's plenty to keep you entertain
economy. his comments will set the tone for a fed meeting scheduled for later in the month. >> it will be interesting to see how that jives with what we heard over the weekend, as well. . >>> also, following, apple's report is slashing orders for iphone 5 components because of weak demand. reports suggested the tech giant discussed cutting orders for its iphone. >>> president joe biden is delivering a recommendation on reducing gun voice to the president tomorrow. he...
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both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal benefits welfare under any euphemism have to work on the books and such so as not to displace an american worker and not be a bigger burden on our financial system though they already have it already inside the possibility some people may need some of those benefits because they're operating below the poverty level or they have children in school and you would call a public education a benefit i would and i would consider call it a right but you know are you making the case let's put them on the books let's let's no no no the minimum wage at the very least you know pay them pay them living wages wel
both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
WHUT (Howard University Television)
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Jan 17, 2013
01/13
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WHUT
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the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth and jobs and income. now, on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by the fiscal year of 2015, but the draft did fall short of setting a specific limit on the issuance of government bonds to finance the budget as the previous administration turned democratic party did. it only urges the government to keep bond issues to a minimum. >>> well, executives at struggling chipmaker electronic says they need to slash the workforce further. they are planning a 10% staff cut through a voluntary retirement program. renesas is one of the largest suppliers of microcontroller chips. the managers told the company's labor union they will offer early retirement to about 3,000 employees aged 40 and older. the plan is part of restructuring efforts put in place after the company reached a deal on a rescue package with investors. the deal will allow renesas to receive $2.3 billion from the state-backed fund as wel
the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth and jobs and income. now, on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by the fiscal year of 2015, but the draft did fall short of setting a specific limit on the issuance of government bonds to finance the budget as the previous administration turned democratic party did. it only urges the government...
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Jan 16, 2013
01/13
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CSPAN2
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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find out what's really happening to the global economy with max cons are a no holds barred look at the global financial headlines to conjure reports. she could leverage or it. was able to build the world's most sophisticated robot which will unfortunately doesn't. do anything. to teach creation why it should care about humans. this is why you should care only dot com. welcome to the kaiser report. you know their currency war is all bring out the body bags the first shots have been fired in the war to end all wars the currency war. oh yeah guys and this is been the big story of the kaiser report for the past three or four years and the f.t. from paces the financial times or eads germany to shift fifty four thousand gold bars home one of the biggest shipments of yellow metal on record which inspired this front page on the financial times was this announcement on the deutsche bundesbank web site deutsch a boon to spanks new storage plan for germany's gold reserves by two thousand and twenty the bundesbank intends to store.
find out what's really happening to the global economy with max cons are a no holds barred look at the global financial headlines to conjure reports. she could leverage or it. was able to build the world's most sophisticated robot which will unfortunately doesn't. do anything. to teach creation why it should care about humans. this is why you should care only dot com. welcome to the kaiser report. you know their currency war is all bring out the body bags the first shots have been fired in the...